Suburb Profile Report for Bowen QLD (4805)

Bowen House: Median price $271,250, Annual capital growth -0.89%, Number of sales 88, Weekly median advertised rent $260

Bowen Unit: Median price $156,250, Annual capital growth 1.11%, Number of sales 14, Weekly median advertised rent $270

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Bowen is in the bottom 30% in QLD when comparing median price capital growth over the last year. Bowen gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.19%.

Across a shorter period, Bowen, 4805 has seen a median price increase of 0.46% over the last quarter.

At number 31th of QLD’s most discounted properties, Bowen is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $260 and the average annual increase in value of a median property of -0.89%, investors should hope to achieve an overall return of 4.98%

Property value increases in Bowen have tracked lower than the QLD average of 0.65% over the last 12 months.

Advertised rents are around the $270 mark per week – giving a return of 8.99% based on the median price in Suburb

Metrics i HOUSE UNIT
$271,250 $156,250
0.46% N/A
-4.19% -21.88%
-0.89% 1.11%
$260 $270
88 14
4.98% 8.99%
136.97 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Poor (H)
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Demographics
Total population 10260
Median household income ($/weekly) 1100
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 1295 12.6
    25-34 years 1321 12.9
    35-44 years 1252 12.2
    45-54 years 1521 14.8
    55-64 years 1411 13.8
    Others 3461 33.7
    Age Group
    Census Count Percent(%)
    Registered Married 3235 47.0
    Not Married 2756 40.0
    Defacto Relationship 894 13.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 7838 85.8
    Lebanon 143 1.6
    Papua New Guinea 274 3.0
    United Kingdom 280 3.1
    Other 179 2.0
    Others 421 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 1.1
    Christianity 6562 74.9
    Hinduism 9 0.1
    Islam 35 0.4
    No Religion 2043 23.3
    Others 18 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 405 12.7
    $600-$799 330 10.4
    $800-$999 300 9.4
    $1,250-$1,499 280 8.8
    $1,500-$1,999 377 11.9
    Others 1485 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3170 42.7
    Not in the labour force 2457 33.1
    Employed, worked part-time 1214 16.4
    Employed, away from work 326 4.4
    Unemployed, looking for work 255 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 583 12.4
    Technicians & trades workers 797 16.9
    Clerical & administrative workers 489 10.4
    Machinery operators & drivers 562 11.9
    Labourers 1005 21.3
    Others 1272 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 5.0
    Infants/Primary 795 48.3
    Secondary 489 29.7
    Technical or Further Educational Institution 169 10.3
    University or other Tertiary Institutions 68 4.1
    Others 42 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7701 86.7
    Semi-detached, row or terrace house, townhouse 207 2.3
    Flat, unit or apartment 591 6.7
    Caravan, cabin, houseboat 333 3.8
    Improvised home, tent, sleepers out 45 0.5
    Others 3 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1324 38.0
    Fully owned 1209 34.7
    Being purchased 930 26.7
    Other tenure type 19 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals